Another thought to nibble on, courtesy of DealBook and Forbes.
Obama Vs. Masters of the Universe…
President Barack Obama’s $447 billion jobs plan needs funding, which he is hoping to find in part by ending certain tax breaks for hedge fund managers and private equity titans, meaning battle lines are set to be drawn, Forbes writes.
Something else to think about – what is better, a dollar for welfare (I am not saying that the program as a whole is bad, rather that there are those within who fleece America) or a dollar for another eight figure pad?
I am still really far behind on some travel posts. I promise I will share those soon.
Some things to consider about making a trip to Mongolia.
1. Getting there is not easy. You could go the hard way, or you could call a travel agent. Travel agents work best for areas of the world where internet connectivity is low. I would recommend Tegshee at Flights Mongolia. You can reach her at: booking[at]flightsmongolia[dot]com – for those who follow flights hoping that they move up and down, the earlier you book flights to Mongolia the better because flights don’t go down.
2. I suggest going to the countryside to camp and get away from the drunken Mongols. I think the best idea is to hire a car with a driver and a translator. I used a travel agency called Radiant Sky, located on the main strip not too far from the State Department Store. The rental options range from Russian Jeep to Toyota Land Cruiser. I went with a Russian Jeep, but if I were to do it again, I would go with the Land Cruiser or the 4Runner. The Russian Jeep has terrible fuel economy (net net it costs more than the savings on per day vehicle rental), and it is also really slow (my driver averaged 40km/h and I think he hit 80km/h once when he descended a really steep and long hill).
3. Any car on the road can become a taxi, and you will pay by the kilometer. I never asked for a quote beforehand, and that never turned out to be a problem until I went to the airport at 5AM. The driver wanted round trip fare for the 10KM ride because it was too early for him to take someone back into town. So, ask if you are going to the airport. If you are in town and someone tries to screw you, simply give them the fair rate and get out of the car. By the way, the trip to/from the airport should be between 8,000 to 10,000 TK each way.
4. If you are going camping, dress in layers, bring a warm sleeping bag with you, or make sure you ask your tour company for extra blankets. Mongolia doesn’t really get warm, especially at night. In July, it was around 40-50 degrees at night, and there is no heating infrastructure anywhere.
Isn’t it crazy how strange a “Democracy” can be when an industry with a few thousand employees can dramatically affect an election with 309 million voters?
Obama to Lose the Support of Private Equity in 2012?
With the 2012 presidential elections looming, Forbes suggests that proposed tax increases may see private equity and hedge funds rally against President Barack Obama, who rode a wave of Wall Street donations into the White House.
This video makes me wish I had stayed on the engineering path. Soooo, cool.
The View of Muong Hoa Valley From My Balcony
Sapa is tucked away in Northern Vietnam, near the border with China. It is nearly lunchtime, and from my balcony I can smell chicken being roasted over a charcoal fire. The smell of garlic, sugar, oyster sauce, and red pepper wafting through the air is unbelievable. I will definitely miss the food here.
PS – click on this photo – the thumbnail does not do it justice.
I am nowhere remotely near becoming a dad, but this article made me laugh, especially number seven – bald midget a-holes – brilliant
Dahab is a backpacker’s delight. It is a stretch of beach on the Red Sea with water so clear I was able to see 12+ miles underwater. I will be back later to go scuba diving.
From Dahab, I took an 11PM bus to the base of Mount Sinai, arriving at the base of Sinai around 1:30AM. It took about four hours to hike to the top, and the sunrise was beautiful. Now, if only you could find this…
Christ Was Baptised in Modern Day Jordan
In Jordan, I rented a car and visited my friend Ramsey in Amman. After watching the UEFA Champions League game at a café on Rainbow Street, my friends and I drove down to the Dead Sea. Continue reading
I thought Rome was cool when I visited – I was very impressed with the engineering feats accomplished given the technology available at the time. The month, in Lebanon, I visited Baalbek and was amazed by the condition of the ruins there. The best part? There were less than 20 people at the site and you can climb and explore the ruins to your heart’s delight.
You think the Spanish Steps are Wide?
Look at the Size of This Thing